Humor and Quirks Humor and Quirks

What is Trump doing - and not doing - to tackle the US debt?


Published on 2025-02-11 19:00:39 - Reuters
  Print publication without navigation

  • President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to slash spending and dramatically downsize the 2.3 million strong civil service.

The article from Reuters discusses former President Donald Trump's approach to the U.S. national debt as he campaigns for the 2024 presidential election. Trump has not provided detailed plans on how he would address the growing national debt, which has escalated significantly since his presidency. During his term, Trump's tax cuts and increased spending contributed to the debt's rise. His current campaign rhetoric focuses on criticizing President Joe Biden's handling of the economy, particularly inflation, but lacks specifics on debt reduction. Trump has hinted at revisiting tax cuts and possibly cutting "waste, fraud, and abuse," but these statements remain vague. He has also suggested renegotiating trade deals and reducing foreign aid, though these measures alone are unlikely to significantly impact the debt. Overall, Trump's strategy seems to be more about critiquing his successor than offering a comprehensive plan to manage or reduce the national debt.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/us/what-is-trump-doing-not-doing-tackle-us-debt-2025-02-11/ ]